Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,886 shares of the online travel company’s stock after selling 1,443 shares during the period. Mutual of America Capital Management LLC’s holdings in Expedia Group were worth $2,715,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EXPE. Raymond James Trust N.A. increased its holdings in shares of Expedia Group by 17.6% during the 1st quarter. Raymond James Trust N.A. now owns 1,364 shares of the online travel company’s stock worth $267,000 after buying an additional 204 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Expedia Group by 6.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 301,932 shares of the online travel company’s stock worth $59,077,000 after buying an additional 17,680 shares during the last quarter. Blair William & Co. IL increased its holdings in shares of Expedia Group by 16.1% during the 1st quarter. Blair William & Co. IL now owns 6,052 shares of the online travel company’s stock worth $1,184,000 after buying an additional 838 shares during the last quarter. Prudential PLC acquired a new stake in shares of Expedia Group during the 1st quarter worth approximately $397,000. Finally, Cetera Investment Advisers increased its holdings in shares of Expedia Group by 50.9% during the 1st quarter. Cetera Investment Advisers now owns 3,751 shares of the online travel company’s stock worth $734,000 after buying an additional 1,265 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the transaction, the director now directly owns 216,521 shares in the company, valued at $32,486,810.84. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares in the company, valued at $1,492,844.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the transaction, the director now owns 216,521 shares in the company, valued at $32,486,810.84. The disclosure for this sale can be found here. 8.07% of the stock is owned by corporate insiders.

Expedia Group Price Performance

Shares of EXPE opened at $128.30 on Friday. Expedia Group, Inc. has a 1-year low of $87.94 and a 1-year high of $160.05. The stock has a market cap of $17.49 billion, a PE ratio of 23.85, a price-to-earnings-growth ratio of 0.39 and a beta of 1.86. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a fifty day moving average price of $134.42 and a 200 day moving average price of $132.52.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. The firm had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.88 billion. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 9.74 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on EXPE shares. Oppenheimer restated an “outperform” rating and set a $175.00 price target on shares of Expedia Group in a report on Monday, February 5th. Bank of America downgraded shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 target price for the company. in a report on Friday, February 9th. Ascendiant Capital Markets lifted their target price on shares of Expedia Group from $133.00 to $168.00 and gave the company a “buy” rating in a report on Friday, December 29th. Wedbush reiterated a “neutral” rating and issued a $130.00 target price on shares of Expedia Group in a report on Thursday. Finally, Jefferies Financial Group dropped their target price on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a report on Tuesday, March 19th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Expedia Group has an average rating of “Moderate Buy” and an average target price of $149.12.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.